UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
March 2020
Commission File Number: 000-50113
Golar LNG Limited
(Translation of registrant's name into English)
2nd Floor S.E. Pearman Building 9 Par-la-Ville Road Hamilton HM 11 Bermuda
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On March 16, 2020, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
(c) Exhibit 99.1. Press release dated March 16, 2020
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Golar LNG Limited | ||
| (Registrant) | ||
| Date: March 16, 2020 | /s/ Graham Robjohns | |
| Graham Robjohns | ||
| Chief Financial Officer and Deputy Chief Executive Officer | ||
EXHIBIT 99.1
Golar Power signs a Protocol of Intentions with the State Government of Pernambuco to develop an LNG import terminal in the Port of Suape, Brazil.
Golar Power Limited (“Golar Power”) signed on March 13 a Protocol of Intentions with the State Government of Pernambuco to develop an LNG import terminal in the Port of Suape (Suape), located in the northeast of Brazil. With operations scheduled to start in the second half of 2020, the project includes infrastructure for the supply of natural gas and LNG to generate electricity, in addition to meeting the demands of industries, commerce, LNG stations and households. To this end, Golar Power will work in partnership with the local gas distribution company, Companhia Pernambucana de Gás Natural (Copergás) to bring natural gas to regions of the State that are not yet served by traditional pipeline networks. The project is expected to use the existing port infrastructure owned by the State Government.
The State of Pernambuco has an estimated population of 9.6million people which will benefit from the installation of the terminal. If successfully developed the terminal is expected to benefit the economy of cities in the interior of the State, in regions not served by pipeline, where natural gas will be delivered by road using LNG ISO-Containers. Golar Power plans the interiorization of LNG in the country through a strategic plan that contemplates the Northeast as a priority region for small-scale distribution. Suape is already Brazil's largest hub for liquid bulk and gases and, now, it will be one of the main LNG distribution hubs in the Northeast, with full integration of sea and land transportation modes.
The Golar Power terminal intends to use an existing LNG carrier, permanently docked at the Suape Port. The vessel will act as a supplier to truck mounted LNG ISO-Containers. These vehicles will then distribute LNG to cities within a radius of up to one thousand kilometers. Initial trucked volumes are estimated at 800 m3 of LNG / day, equivalent to approximately 480,000 m3 of natural gas per day. LNG will also be distributed from Suape to other states in Brazil, through cabotage using small-scale LNG carriers that will be supplied by transhipment and used to transport LNG to other ports in the region. Capex requirements for the project are expected to be funded from Golar Power’s internal resources and operating cash flow.
Final development of the project remains dependent upon regulatory approvals and conclusion of commercial agreements.
Hamilton, Bermuda
March 16, 2020
Enquiries:
Golar Management Limited: + 44 207 063 7900
Eduardo Maranhao
Stuart Buchanan